04/06/2011 Intraday Watering

[KENA]

OK now that every one is bullish, I will go against the grain.

Lunch money? LOL still short since yesterday

Maybe only Breakfast money

[shumushu]

I am really worried about commodities like gold and oil rising with this market. It is generally not very good for the stock market.

[incognitouser]

I am really worried about commodities like gold and oil rising with this market. It is generally not very good for the stock market.

under normal market conditions i'd agree, but we've got POMO

[shumushu]

haha incognitouser:

while that is true, I am just speaking from my past experience. I remembered a statistic of Cobra's saying if the gap doesn't fill within the first hour, its like 90% chance it won't be filled.

[Cobra]

could be potential double bottom H1 long here. If bulls failed here again, I'd be very disappointed.

[Cobra]

bulls must hold the line!

[jamesmith]

does laoda's little evil plan still work? :?:

[uempel]

Medium term momentum looks bad, short term looks ok. I reckon the markets will be in a trading range for some time. I'm targeting pivot points for short term trading and 1343 still looks attractive to me:

[BullBear52x]

See the last Volume spike? it belong to the sellers.

[Tabby]

Cobra,
I thought you are not a bull or bear; you are a snake.

[Cobra]

If bulls cannot hold here, it'd be 3 push up pattern plus the RSI negative divergence above, I'd be very disappointed.

[jamesmith]

Cobra,
I thought you are not a bull or bear; you are a snake.

mysterious Martian snake :twisted:

[Cobra]

Well, hope EMA20 could hold.

[BullBear52x]

Doji by the end of day best bet for BULLs you don't want Bearish engulfing here.

[Cobra]

Cobra,
I thought you are not a bull or bear; you are a snake.

it's easy to be bulls those days, snakee likee. But snakee ran already and become snakee again. Sooooooooooooooooooooooooo disappointed in bulls.

[lqiantobe]

cobra, does it look like the bottom in?

[uempel]

I'm annoyed that the market ain't stronger. I was looking forward to sell into strength, and now there is no true strength. At the moment I'm just waiting:

[simpletrader]

I'm annoyed that the market ain't stronger. I was looking forward to sell into strength, and now there is no true strength. At the moment I'm just waiting:

RedAndrews.png

I am out long in the premarket, and also short from the last dip. wait to see where the market want to go.

[BullBear52x]

Qs is back below 5 dma again.

[EkOnkaar]

Qs is back below 5 dma again.

Mkt is quite weak when you observe the leaders, and this feels incedibly like a wet noodle being shoved up the old kiester...what a bunch of criminals? Wayyyy too much liquidity..
Ek